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$319,900 Just Listed
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Property Description
Income-producing Mixed-Use Investment opportunity at 5007 Clark ave in Cleveland OH 44102. Excellent opportunity to own a recently remodeled mixed -use property featuring two commercial store fronts and two residential apartments, providing multiple income streams from a single investment. The commercial spaces include a barbershop and clothing and jewelry store, while the two residential units offer additional rental income. The property has been thoughtfully updated and features newer finishes, stainless steel appliances, updated kitchens and modernized living spaces. All mechanicals and the roof are brand new! The combination of commercial and residential tenants creates an attractive setup for an investor looking for immediate income and long-term potential. The property currently generates $3,645 per month in rental income and $43,470 annually making this a strong opportunity for an investor seeking a diversified income producing asset. Located on Clark Avenue in Cleveland's Stockyards area the property offers convenient access to surroundings neighborhoods, major roadways, shopping, employment centers and downtown Cleveland. A unique opportunity to acquire a renovated mixed0-use property with commercial and residental income in Cleveland. Don't miss out on this opportunity!
Full Property Details
Full Property Details for 5007 Clark Ave
General
- Price: $319,900
- Taxes: $3,471 (2025)
- Status: Active
- Type: Commercial
- Source: 505
- MLS ID: 5239176
- Updated: 8/24/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Mixed
Parking
- Total Spaces: 4
- Parking Features: Off Street
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: James Hoyts
- Driving Directions: South of Lorain Ave
School Information
- Elem School District: Cleveland Municipal - 1809
- Midd School District: Cleveland Municipal - 1809
- High School District: Cleveland Municipal - 1809
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Basement: Yes
- Basement Desc.: Concrete
- Roof: Asphalt
- Current Bldg. Use: Mixed Use
- Year Built: 1910
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.1148
- Lot Size: .1148
- Lot Size Source: Assessor
- Zoning: Retail
- Fencing (Description): Wood
Financial Considerations
- Tax Amount: $3,471.66
- Tax Year: 2025
- Terms: Cash, Conventional, 1031 Exchange, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: 47 HOYT 0008 ALL
- Property ID: 016-11-048
Listed by Progressive Urban Real Estate Co, Daniel B Cull IV
Get Pre-Approved Today
Schools
Schools serving 5007 Clark Ave
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Clark School 5550 Clark Avenue, Cleveland, OH 44102 | PK-8 | 0.1 mi |
Max S Hayes High School 2211 West 65th Street, Cleveland, OH 44102 | 9-12 | 0.4 mi |
Orchard School 4200 Bailey Avenue, Cleveland, OH 44113 | PK-8 | 0.7 mi |
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111 | 9-12 | 4 mi |
Lincoln West School Of Global Studies 3202 West 30th Street, Cleveland, OH 44109 | 9-12 | 1 mi |
Rhodes Schools of Environmental Studies 5100 Biddulph Avenue, Cleveland, OH 44144 | 9-12 | 2.7 mi |
Davis Aerospace & Maritime High School 1440 Lakeside Avenue East, Cleveland, OH 44114 | 9-12 | 3.2 mi |
Walton School 3409 Walton Avenue, Cleveland, OH 44113 | PK-8 | 0.8 mi |
Waverly Elementary School 1805 West 57th Street, Cleveland, OH 44102 | PK-8 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5007 Clark Ave
Date
Details
Price
Change
Source
8/24/2026
Listed
$319,900
326.53%
MLS
3/11/2025
Sold
$75,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5007 Clark Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,530
-8%
$34,200
9%
2023
$3,835
-22%
$31,500
115%
2022
$4,902
235%
$14,630
—
2021
$1,463
1%
$14,630
5%
2020
$1,445
6%
$13,900
—
2019
$1,360
2%
$13,900
—
2018
$1,327
21%
$13,900
29%
2017
$1,095
—
$10,780
—
2016
$1,095
—
$10,780
—
2015
$1,098
-11%
$10,780
-12%
2014
$1,233
-11%
$12,250
-12%
2013
$1,378
—
$13,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5007 Clark Ave
5007 Clark Avenue, Loveland, OH 44102 (MLS# 5239176) is a Commercial property. 5007 Clark Avenue is currently listed for $319,900 and was received on August 24, 2026. Want to learn more about 5007 Clark Avenue? Do you have questions about finding other Commercial real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

